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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (35,676,315) $ (37,379,153)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 586,109 397,440
Impairment of investment 50,000 589,461
Impairment of intangible assets 1,433,815 1,038,905
Impairment of goodwill 2,043,011 688,127
impairment of ROU 101,623  
Accretion of debt discount and issuance cost 4,668,039 3,612,669
Share-based compensation 4,183,844 9,661,174
Shares issued for in process research and development 40,994  
Bad debt expense 398,130 110,805
(Gain) loss on extinguishment of debt 832,482 (1,304,677)
Settlement of vendor liabilities 265,717 (59,692)
Change in fair value of derivative liability (3,729) 1,096,287
Derivative Expense   100,502
Loss on marketable securities 11,742  
Non cash lease expense 274,784 82,511
Reserve for obsolete inventory 399,058
Equity interest granted for other income (123,710)
Equity in net loss from unconsolidated investment 16,413
Changes in operating assets and liabilities:    
Prepaid expenses 86,155 (174,819)
Inventory (479,356) (39,182)
Accounts receivable (755,907) (80,407)
Deposits and other assets (78,280) (527,115)
Deferred revenue 65,250 144,851
Accounts payable and accrued expenses 4,773,551 1,714,902
Operating lease liability (26,146) (84,099)
Net Cash Used In Operating Activities (16,805,429) (20,518,807)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Cash paid for property and equipment (212,249) (95,935)
Cash paid for minority investment in business (325,000)
Cash paid for equity method investment (510,000)
Cash paid for investments in marketable securities (48,878)
Sale of marketable securities 37,135
Cash received from the Sale of non-controlling interest in OG Collection Inc. 750,000
Cash consideration for acquisition (31,679) (225,947)
Purchases of digital assets (410,369) (11,241)
Sale of digital assets 289,246
Net Cash Provided By (Used In) Investing Activities 373,206 (1,168,123)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from the exercise of warrant 1,781,947 9,487,223
Net proceeds from issuance of notes 2,219,219 747,937
Repayment of notes (2,830,382) (456,233)
Proceeds from issuance of convertible note 8,391,905 3,610,491
Repayment of convertible notes (1,863,315) (941,880)
Repayment of note payable - related party (538,574)
Proceeds from issuance of common stock and warrants 5,722,300 5,666,951
Cash received for preferred series E and warrants 40,000
Purchase of treasury stock (16,050)
Net Cash Provided By Financing Activities 13,405,624 17,615,915
Effect of exchange rate changes on cash (61,911) (41,038)
Net Change in Cash (3,088,510) (4,112,053)
Cash - Beginning of period 3,794,734 7,906,787
Cash - End of period 706,224 3,794,734
SUPPLEMENTARY CASH FLOW INFORMATION:    
Income taxes
Interest 650,000 60,073
SUPPLEMENTARY DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Settlement of vendor liabilities 168,667
Beneficial conversion feature on convertible notes 2,008,227
Warrants issued with debt 3,149,270 1,665,682
Shares issued with debt 409,945
Issuance of common stock for prepaid services 141,150 226,500
Recognition of Right-of-use asset and corresponding operating lease liability 2,412,221
Deferred offering costs 4,225
Common stock and warrants issued upon conversion of notes payable 1,061,088 5,156,994
Shares issued for acquisition   1,318,218
Reduction of ROU asset related to re-measurement of lease liability 135,086
Repayment of promissory notes from Australian R&D credits $ 146,630